Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 254.72

+0.9%

Dec 1 3:59 PM EST

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To: Big Bucks who wrote (14383)	1/10/1998 11:44:00 PM
From: Paul V.	Read Replies (2) of 70976

Big Buck, This week will be interesting, either positive or negative, with all the EPS' coming out. I am anxious to see the DW Bull Percentages Wednesday morning to see how the supply/demand data has affected AMAT. My gut is still telling me that the Mutual funds have bought and are buying at these prices. However, I noticed that that AMAT'S volume has been off of its average volume by a -25 to -30 percent according to the Friday IBD. IMO, this tells me that there is not much selling and stockholders now holding AMAT are going to hold on for the prices to go up. I can not see much of a drop from the $28 level however I still have my personal open order for $22 and the NAIC order at $24. I personally see more upgrades coming down the pipe with more hype. We will see. Just my opinion. Paul V.

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